Volkswagen Lacks Verve ; Weak Sales Usher Slack Earnings in First Quarter
The Columbian › March 09, 2005
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Summary
FRANKFURT, Germany -- Volkswagen AG's first-quarter earnings will suffer because of weak vehicle sales in the first two months of 2005, but operating earnings should improve as new models are launched later this year, the company said Tuesday.
The pessimistic outlook depressed VW shares, which fell 2.6 percent to close at 36.38 euros ($48.07) on the Frankfurt exchange.See the full content of this document
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Volkswagen Lacks Verve ; Weak Sales Usher Slack Earnings in First Quarter
Markets had a weak start in the new year and Volkswagen said it delivered only about 687,...
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